Leelyn Smith LLC Has $3.14 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Leelyn Smith LLC reduced its stake in Exxon Mobil Co. (NYSE:XOM) by 1.0% in the 4th quarter, Holdings Channel reports. The firm owned 29,189 shares of the oil and gas company’s stock after selling 291 shares during the period. Leelyn Smith LLC’s holdings in Exxon Mobil were worth $3,140,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in XOM. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at about $31,000. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil in the 4th quarter valued at approximately $36,000. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil in the 4th quarter worth approximately $46,000. Compass Planning Associates Inc acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $47,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $47,000. Institutional investors own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $113.79 on Tuesday. The stock has a market capitalization of $493.74 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 3.02 and a beta of 0.83. The firm’s 50-day moving average price is $109.47 and its two-hundred day moving average price is $113.60. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 1-year low of $103.67 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the firm earned $2.48 EPS. On average, equities analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.48%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Truist Financial upped their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, January 13th. TD Cowen reduced their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. Mizuho lowered their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. BMO Capital Markets cut their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. Finally, UBS Group decreased their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.